Maybe IBM will transfer all the debts to the NewCo and then NewCo will file for Chalter 11?

A friend of mine was put on a PIP a couple of weeks ago. Even if we put aside the fact that he is one of the best and most valuable employees here, it still remains that they're putting people on a PIP in the middle of a pandemic. Are no allowances... — read more 

Shedding GTS may eliminate a distraction, but it's just one step toward the transformation it is seeking. More activity yet to come: spin-off, RA's, divestitures... — read more 

I am an ex employee that worked for IBM for over 30 years. Will my IBM pension be affected with the detachment?

Probably what IBM should've done if they were really interested in focusing on the Cloud. https://build5nines.com/ibm-should-spinoff-cloud-as-separate-business-named-red-hat-cloud/

How important is a PMP certification if you are moving to a manager role and above in Consulting? Is it really a big deal for employers? I feel you pick up a lot with experience and it doesn't add any more value than a tag.

Boyar Research, in a study last year of 246 spinoffs, found that in most cases the outcome was disappointing. Such companies generally did well in their first year, the New York investment research firm said, but after five years, just over... — read more 

While IBM does not disclose the India headcount, it is estimated that the country accounts for about a third of its global workforce of over 350,000. 350K/3 = 116,667. 116,667/4 = 29,167. So if 90K heads will be moving over to NewCo as has... — read more 

NewCo is actually the biggest resource action in the history of IBM. Nearly 90K employees are being “removed” from IBM’s payroll and fenced in a new company. Reasons why I’m currently sceptical on this announcement: NewCo will hold most of... — read more 

An endless parade of weak executives and management teams has led IBM off the cliff. Now everyone is saying IBM was destined to become a smaller company. This is loser-speak. IBM was betrayed by a bunch of spineless, useless, worthless, business... — read more 

“We are only 20 to 25 percent of our way into the cloud journey. We are only 4 percent of the way into the AI journey,” Mr. Krishna said. No, sorry AK, IBM is already at the end of its cloud... — read more 

Layoffs, Consolidations & Charges It is too soon to know what actions IBM will formally endure during this process. The press release noted that IBM will take action to simplify and optimize its operating model for speed and growth. ... — read more 

IBM has not been a “company” in decades. It is a financial engineering project. When you see it through that lens all of this makes much more sense.

IBM opted for a spinoff to have certainty over the timing of the separation and provide customers certainty over what would transpire. Mr. Krishna said the company would be open to an acquisition offer for the businesses as long as it... — read more 

https://www.bmc.com/blogs/gartner-magic-quadrant-cips-cloud-infrastructure-platform-services/ How could this possibly happen? IBM used to be synonymous with computing. IBM was computing and set the standard for computing at one point in... — read more 

25-40k employees going to be 'right sized' before departure!

Go to their boards and ask employees how did things work out for DXC, CSC, HPE, etc. It's a trail of tears brothers.

It’s all written in the Bain's playbook from 2018, folks.

Spin off. Source: https://www.ibm.com/investor/events/ibm-strategic-update-2020

In fact, the company’s current executive chairperson shared that 43% of IBM’s open job requisitions today don’t call for a traditional college diploma, she said at Fortune’s Most Powerful Women Summit last... — read more 

You can't make this stuff up https://www.theregister.com/2020/10/05/ibm_unfair_dismissal_birmingham/ Shows what a crock Checkpoint really is

Aggressive bench management is the name of the game in Q4 for GBS. The relaxed pandemic standards of time on bench have been removed, and individuals have 29 days to find a project before receiving a bench PIP on day 30. However, if there are... — read more 

IBM study: In ‘new normal,’ most workers say bosses are on a different planet

https://investorplace.com/2020/10/ibm-stock-outside-the-box/ Comments?

I heard something might be brewing...

Another one. https://www.bizjournals.com/austin/news/2020/09/29/ibm-hit-with-another-age-discrimination-lawsuit.html By: Mike Cronin Sep 29, 2020, 8:21am CDT A Sept. 18 lawsuit filed in the U.S. District Court for the Western District... — read more 

https://www.networkworld.com/article/3576290/still-not-dead-the-mainframe-hangs-on-sustained-by-linux-and-hybrid-cloud.html Any opinion?

Scurrying as fast as they can for the exits! https://dallasinnovates.com/hypergiant-industries-brings-on-former-ibm-general-manager-mohammed-farooq-as-global-cto/

Does IBM need more cut or Apple need to add more ?

IBM vs. the public cloud giants. Nirmal said "we are in the second inning of the game." It's this very sort of thinking that will ensure Big Bleu remains an also-ran in Cloud. To correct the analogy, The World Series has already been played and... — read more 

https://www.facebook.com/alliancemember/posts/1807059646098678 Another report at this post – @6gnq+16XF5Ykb

https://www.theregister.com/2020/09/22/ibm_sued_again_for_age_discrimination/

https://www.forbes.com/sites/sheilacallaham/2020/09/20/eeoc-finding-of-age-discrimination-against-ibm-signals-new-requisite-for-diversity-equity-and-inclusion/

https://www.wraltechwire.com/2020/09/16/lawyer-representing-laid-off-ibmers-hails-feds-discrimination-ruling-former-employees-can-still-join-a-lawsuit/?fbclid=IwAR2b3HA6b1HfrEE-s230W5aac7h6kBFKozUkDlNulPHJHqE0TU5EEufyPSM RESEARCH TRIANGLE PARK –... — read more 

My dad was a dyed in the wool IBMer back in the days when they did not have any layoffs. Our family loved IBM. Its sad that the old IBM Way is gone. Layoffs will screw up any company no matter how great they once were.